Subsidiary companies are about to merge with their parent company TMR

Subsidiary companies are about to merge with their parent company TMR
Subsidiary companies are about to merge with their parent company TMR
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The capital of all three companies shall be taken over by the Tatry Mountain Resorts, a.s. The assumed date of the merger is set on 1.5.2013.

The nominal capital of the TMR company remains unchanged with 221 337 534 EUR.

The planned merger of subsidiary companies and the parent TMR company shall help make operating relations among all companies of the Group simpler, use mutual synergies better and reduce administrative operations.

For more information on the planned merger (in accordance with Act No. 513/1991 Coll. and the Commercial Code as amended), visit the website: http://www.tmr.sk/zakonnezverejnenia.html

Tatry Mountain Resorts, a.s. is a top subject in the field of tourism in Central and Easter Europe, which itself or via subsidiaries owns and operates attractive ski resorts and hotels in the area of the Low and High Tatras. These include the resort Jasná Low Tatras and the following hotels: Wellness hotel Grand Jasná, Tri studničky and Chalets Záhradky De Luxe. In the High Tatras, TMR owns and operates resorts Tatranská Lomnica, Starý Smokovec and the following hotels: Grandhotel Praha Tatranská Lomnica,Grandhotel Starý Smokovec, Hotel Slovakia and hotel FIS Štrbské Pleso. TMR also co‐operates the resort Štrbské Pleso and since the winter season 2012/2013 it has been leasing the mountain resort Špindlerův Mlýn in the Czech Republic in cooperation with SMMR, a.s.. TMR owns Tatralandia, the largest Slovak aquapark with all-year operation, which offers a lot of water and other entertainment in the Fun Park relax or in a special tropical hall with sea water. It also offers accommodation in bungalows and suites of the Holiday Village Tatralandia. TMR also owns and rents hotels Kosodrevina, Liptov and Ski&Fun Záhradky and Bungalows. More than 144 million Euros were invested by the end of 2012 in the already mentioned resorts, which helps increase the standard and visitor turnout in the Tatras. The TMR shares have been traded on three European stock exchanges – in Bratislava, Prague and Warsaw since 2012.